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BlackRock muddies the social-investing waters

If you need some clarity around social investing, don’t look to the world’s biggest money manager for help. Larry Fink, chief executive officer of BlackRock Inc., threw social investing into the spotlight in his annual letter to America’s CEOs. Climate change is an urgent problem, he said, and BlackRock will make it the center of its investment approach by “making ...

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Europe stocks pare decline with US futures; oil climbs

Bloomberg European stocks and US equity futures trimmed most of an earlier decline on Monday as investors awaited a fresh batch of corporate earnings and some key central bank meetings this week. Crude oil rose following supply disruptions in Libya and Iraq. Activity was muted across most major markets because of a US holiday. The Stoxx Europe 600 Index traded ...

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Rupiah may take baht crown as Asia’s strongest currency

Bloomberg The Thai baht was Asia’s best-performing currency by a country mile last year. This year’s winner looks to have been already decided: the Indonesian rupiah. The currency of Southeast Asia’s most populous nation has rallied for seven straight weeks as the bumper yields offered by the nation’s government bonds enticed carry traders and the central bank said it would ...

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